CDU 0.00% 23.5¢ cudeco limited

News: CDU CuDECO says entered into two short term loan facility agreements, page-10

  1. 24,386 Posts.
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    Band aids situation in my view.

    The point is that they never told us at what rates of interests these short term loans are. Usually called shark rates of interest loans.................... I do agree with your comments.

    And, like you've said, how do they intend to pay it back with the amount of money they are making from the net profit they envisage making from the sale of copper.?? I believe that they told us that they are expecting to make some 3.1 million dollars out of it for now.

    I also recall someone telling us about the dog with two dicks and to always expect the unexpected. Well he was right in telling us about the latter part of those two comments. What happened here was totally unexpected, especially for the ones which weren't taking notice of the warning bells.
 
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